After two years of development and hard work, we have come to the difficult decision to close down Playbookify. This journey has been full of valuable experiences and lessons learned, and for that, we are thankful to our committed team and supportive investors.
Upon reflection, we have identified several factors that have led to this outcome:
In short: despite acquiring over 3,000 users, we couldn’t find a way to reach a level of customer conversion that was sustainable for our business model. Also, this venture is too capital-intensive to grow into a profitable business.
Thank you for your understanding and support.
Warm regards,
The Playbookify Team